Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (92996)	11/10/2001 5:34:18 PM
From: Knighty Tin	Respond to of 132070

Joan, another piece of info supports your thesis. The SEC is trying to make it easier for funds that are flops to merge into larger funds that are flops at the big fund cos. So, you wanted to buy a fund with Over The Counter stocks concentrated in Antartic development and you end up in a closet indexing S&P 500 Fund. It's all the same thing, the regulators are saying. <g> Now, more to the point: if these are load funds, shouldn't a refund of load accompany the forced merger. After all, you weren't buying the boring fund that goes down with the market when you paid the load. You wanted to lose money in Little America. <G>